Vanguard Growth ETF: New Morningstar Index, Same Strategy

Vanguard's Growth ETF, known as VUG, has changed its benchmark index. This shift occurred on July 29, 2026. The fund moved from the CRSP US Large Cap Growth Index to the Morningstar US Large Cap Growth Index. This change follows Morningstar's acquisition of CRSP. What's important for investors is that the fund's investment strategy and holdings remain the same. This means there is no immediate impact on investors. The bottom line is that while the underlying index has a new name, how the fund operates has not changed.